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Paywatch, Visa Sign MoU to Promote Financial Inclusion Among Asia’s Workforce

Paywatch, a South Korean startup based in Malaysia since 2022, announced last week an MoU with Visa to promote financial inclusion and bridge the gap between traditional banking services and the unbanked populations in Asia.

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Seedstars Financial Growth Program to Boost Financial Inclusion for Women Migrants

Seedstars, the global tech and entrepreneurship catalyst, has called on global fintechs to help drive financial inclusion for women migrants and their families in Asia, MENA, and Sub-Saharan Africa.

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Call for Session Proposals for Financial Inclusion Week 2023

CFI invites members of the inclusive finance community to submit proposals for conversations, debates, panels, videos, and other types of creative sessions that raise hard questions about how the inclusive finance community can adapt while keeping consumers at the center.

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ILO and UNCDF Collaborate to Grow Parametric Insurance in the Pacific

This new partnership aims to build the capacity of insurers and distribution channels on disaster risk reduction and climate change adaptation.

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Dock Launches Responsible Credit Solutions to Empower Financial Inclusion

Dock, an innovator in payments and digital finance infrastructure across Latin America, will provide a range of options to make credit offerings more flexible, clear and understandable for consumers.

News

Swiss Impact Investor responsAbility Raises $106M for Climate-Smart Agriculture and Food Fund

This investment solution aims to provide long-term financing to innovative agribusinesses with the goal of mitigating climate change, reducing food loss and promoting climate change resilience in their value chains.

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Mi-Bospo of Bosnia and Herzegovina Borrowing $2.2M From Grameen Credit Agricole Foundation for Microfinance Lending

Mi-Bospo operates mainly in rural areas and offers access to credit and non-financial services to individuals, particularly women entrepreneurs.

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IFC and Philippine Central Bank Pave the Way for Banking Transformation With Launch of Open Finance PH Pilot

This initiative aims to help the unbanked—particularly those who lack documentation—build a financial profile and credit history and, over time, access loans and other services that were once out of reach.

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FMO and Finnfund Back SATYA MicroCapital With $35M to Make Formal Finance More Accessible to Women in India

The funds have been earmarked to fund women and youth financing, thereby promoting gender equality and female empowerment.

News

Egypt: Reefy Microfinance Raises $6.5 M to Expand MSME Loan Portfolio

The financial backing aims to enable the microfinance institution to support more SMEs in a context marked by economic challenges in Egypt.